When it comes to investing, millennials are a study in contradictions. Mainstream media often paints people from the millennial generation in a negative light, however trends show they are more financially savvy and responsible than stereotypes suggest. Compared to the boomer generation, they save more (71%) and start younger (at 24 years of age). And, one in six of them have already saved more than $100,000 (Forbes).
At the same time, however, two-thirds of them do not trust the stock market, and many choose to hoard their cash rather than put it into retirement accounts. Scared by the stock market crash in 2008, they want to avoid an investment vehicle that they perceive as being unreliable.
The good news is that millennials have options when it comes to building wealth securely outside of traditional stock market endeavors. In fact, through vehicles such as U.S. mineral investments, millennials have the opportunity to enjoy a rapid growth of wealth in a low to moderate risk environment.
The financial benefits derived from owning minerals are no longer reserved only for ultra-wealthy individuals and institutional investors… and it’s a real estate investment.
The “guy-on-the-street investor” is familiar with the typical real estate opportunity as a reasonable prospect for longer-term investments. It is an investment that is heavily promoted throughout the financial community.